1 July 2025
CT Automotive Group PLC
("CT Automotive" or the "Group")
Grant of awards under Long Term Incentive Plan
CT Automotive, a leading designer, developer and supplier of interior components to the global automotive industry, announces that on 30 June 2025, the Company awarded options over a total of 888,889 ordinary shares under the Executive Long Term Incentive Plan to Chief Executive Officer (Simon Phillips) Chief Financial Officer (Salman Mohammed) its Chief Commercial Officer (Scott Mckenzie) and Chief Operating Officer (Graham Mackey).
In addition, the Company has awarded options over a further 72,098 ordinary shares under the same plan to two further senior employees of the Company (together the "Options"). These Options have a 3-year vesting period with no performance conditions attached.
All Options have been granted in relation to ordinary shares of £0.005 ("Ordinary Shares") in the form of options to acquire Ordinary Shares at nominal value.
The table below sets out details of each award granted to senior executives and management:
| Individuals | Role | Performance conditions | Number of LTIP Awards granted |
| Simon Phillips | Chief Executive Officer | Earnings per share performance criteria for 3-year period ending FY2027 | 271,605 |
| Salman Mohammed | Chief Financial Officer | Earnings per share performance criteria for 3-year period ending FY2027 | 197,531 |
| Scott Mckenzie | Chief Commercial Officer | Earnings per share performance criteria for 3-year period ending FY2027 | 271,605 |
| Graham Mackey | Chief Operating Officer | Earnings per share performance criteria for 3-year period ending FY2027 | 148,148 |
| Other Management | - | 3-year vesting period no performance conditions | 72,098
|
| |
| Total | 960,987 |
Enquiries:
| CT Automotive Simon Phillips, Chief Executive Officer Salman Mohammed, Chief Financial Officer
| Via Novella
| |||||||||
| Singer Capital Markets Advisory LLP (Nominated Adviser and Broker) Alex Bond, James Todd, Samed Ethemi
| Tel: +44 (0)20 7496 3000 | |||||||||
| Novella Communications (Financial Public Relations) Tim Robertson, Claire de Groot, Safia Colebrook
| Tel : +44 (0)20 3151 7008 | |||||||||
|
The information set out below is provided in accordance with the requirements of Regulation 19(3) of the EU Market Abuse Regulation No 596/2014:
| ||||||||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated
|
| ||||||||
| a) | Full name of person Dealing
| Simon Phillips |
| |||||||
| 2 | Reason for the Notification
|
| ||||||||
| a) | Position/status
| Chief Executive Officer |
| |||||||
| b) | Initial notification / Amendment
| Initial notification |
| |||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
| ||||||||
| a) | Name of entity
| CT AUTOMOTIVE GROUP PLC |
| |||||||
| b) | Legal Entity Identifier code
| 213800RP7B4UJ1DDKY67 |
| |||||||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
|
| ||||||||
| a) | Description of the financial instrument, type of instrument
| Ordinary Shares of 0.5 pence each |
| |||||||
| Identification code
| GB00BMHYGR77 |
| ||||||||
| b) | Nature of the transaction
| Award of Options |
| |||||||
| c) | Number of shared acquired or disposed of
|
|
| |||||||
| Price (per share)
|
| |||||||||
| d) | Aggregated information
Aggregated volume
Price
| N/A |
| |||||||
| e) | Date of transaction
| 30 June 2025 |
| |||||||
| f) | Place of transaction
| Outside a trading venue |
| |||||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a) | Full name of person Dealing
| Salman Mohammed | ||||
| 2 | Reason for the Notification
| |||||
| a) | Position/status
| Chief Financial Officer | ||||
| b) | Initial notification / Amendment
| Initial notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
| a) | Name of entity
| CT AUTOMOTIVE GROUP PLC | ||||
| b) | Legal Entity Identifier code
| 213800RP7B4UJ1DDKY67 | ||||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||
| a) | Description of the financial instrument, type of instrument
| Ordinary Shares of 0.5 pence each | ||||
| Identification code
| GB00BMHYGR77 | |||||
| b) | Nature of the transaction
| Award of Options | ||||
| c) | Number of shared acquired or disposed of
|
| ||||
| Price (per share)
| ||||||
| d) | Aggregated information
Aggregated volume
Price
|
N/A | ||||
| e) | Date of transaction
| 30 June 2025 | ||||
| f) | Place of transaction
| Outside a trading venue | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a) | Full name of person Dealing
| Scott Mckenzie | ||||
| 2 | Reason for the Notification
| |||||
| a) | Position/status
| Chief Commercial Officer for Sales and Product Development | ||||
| b) | Initial notification / Amendment
| Initial notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
| a) | Name of entity
| CT AUTOMOTIVE GROUP PLC | ||||
| b) | Legal Entity Identifier code
| 213800RP7B4UJ1DDKY67 | ||||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||
| a) | Description of the financial instrument, type of instrument
| Ordinary Shares of 0.5 pence each | ||||
| Identification code
| GB00BMHYGR77 | |||||
| b) | Nature of the transaction
| Award of Options | ||||
| c) | Number of shared acquired or disposed of
|
| ||||
| Price (per share)
| ||||||
| d) | Aggregated information
Aggregated volume
Price
|
N/A | ||||
| e) | Date of transaction
| 30 June 2025 | ||||
| f) | Place of transaction
| Outside a trading venue | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated
| |||||||
| a) | Full name of person Dealing
| Graham Mackey | ||||||
| 2 | Reason for the Notification
| |||||||
| a) | Position/status
| Chief Operating Officer | ||||||
| b) | Initial notification / Amendment
| Initial notification | ||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||||
| a) | Name of entity
| CT AUTOMOTIVE GROUP PLC | ||||||
| b) | Legal Entity Identifier code
| 213800RP7B4UJ1DDKY67 | ||||||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||||
| a) | Description of the financial instrument, type of instrument
| Ordinary Shares of 0.5 pence each | ||||||
| Identification code
| GB00BMHYGR77 | |||||||
| b) | Nature of the transaction
| Award of Options | ||||||
| c) | Number of shared acquired or disposed of
|
| ||||||
| Price (per share)
| ||||||||
| d) | Aggregated information
Aggregated volume
Price
|
N/A | ||||||
| e) | Date of transaction
| 30 June 2025 | ||||||
| f) | Place of transaction
| Outside a trading venue | ||||||
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